This ex-Macquarie banker toned up Brazil – and made a fortune

When Declan Sherman moved to the Latin American country with the investment bank, he was inspired to show the locals a new way to exercise.

Declan Sherman has been an investment banker, a fitness studio owner and a labour hire CEO. His next venture he says, will be his last one. Dan Peled

Yolanda RedrupRich List editor

Sep 4, 2024 – 5.00am

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Working in New York as an investment banker, Declan Sherman was either working 100-hour weeks at 125 West 55th Street, running around Central Park, or at one of the many specialist fitness classes that boomed in the Big Apple during the mid-2000s.

Barry’s Bootcamp, SoulCycle, the former Macquarie Group senior vice president tried them all.

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Yolanda RedrupRich List editorYolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk.